Using the chart of accounts provided, prepare (1) the journal entry to record the initial transaction and then prepare (2) the adjusting entry required on November 30 , end of the fiscal year. No. Date Account Titles and Explanation Debit (\$) Credit (\$) 1. 11/1 Initial Journal Entry Record \$30K note w/ 9% annual interest rate 11/30 Adjusting Journal Entry Record interest 2. 11/1 Initial Journal Entry Record pre-payment of 6 months' rent for $13,800 2. 11/1 Initial Journal Entry Record pre-payment of 6 months rent for $13,800 11/30 Adjusting Journal Entry Recorded rent expense for November